Economy - TRENDS MENA

AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade...
Jordanian-Iraqi economic relations have witnessed development due to the joint trade agreements and projects signed between the two countries.
There is a need to increase joint trade exchange and overcome obstacles to entry of the two countries' products and commodities in both the countries markets.
ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20...
The meeting, held at Guwahati, India, sought to discuss and agree on the group’s main points for 2023 in line with the priorities of the Indian Presidency.
G20 members, invited countries, sustainable finance working group country members, international organization like IMF also attended the meeting.
Vegetable oil prices fell 2.9 percent, stemming from subdued global import demand for palm and soy oils and ample export...
Vegetable oil prices fell 2.9 percent, stemming from subdued global import demand for palm and soy oils and ample export availabilities of sunflower seed and rapeseed oils
The UN organization expects international trade in cereals in the 2022-23 period to decline by 1.7 percent from the previous year’s record level of 474 million tons
The reforms would tighten political control over judicial appointments and limit the Supreme Court's ability to overrule government rulings or...
The reforms would tighten political control over judicial appointments and limit the Supreme Court's ability to overrule government rulings
Leading Israeli economists have warned that the proposed reforms will do "long-term harm" to the Israeli economy.
Over the next decade, the Kingdom's tourism industry is projected to develop at an annual rate of 11 percent, making...
Over the next decade, the Kingdom's tourism industry is projected to develop at an annual rate of 11 percent, making it the region's fastest-growing tourism market
More hotels are being built at full speed, and extensive infrastructure works and upgrades are being carried out in the central business hubs of Riyadh, Jeddah, and other cities
ABU DHABI, UAE - UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan received French...
The UAE and French ministers discussed bilateral relations and available opportunities for expanding cooperation between the two countries.
The two sides stressed their keenness to continue consultations and coordination on issues of mutual concern.
US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in over five decades, government data...
The figure, which could prove concerning to policymakers, defied expectations of a further decline in job gains.
The Federal Reserve has also been monitoring wage growth on concerns that elevated salaries could feed into services inflation.
ABU DHABI, UAE - The US Department of the Treasury’s Under Secretary for Terrorism and Financial Intelligence Brian Nelson led...
Officials from both the countries reiterated their commitment to the continued dialogue between the two sides.
They agreed to exchange respective experiences on efforts pertaining to Virtual Assets and Virtual Asset Providers (VASPs), supervisory efforts.
Dupixent drug has been a huge success for the firm.
Sanofi is aiming for US$10.9 billion in sales of Dupixent this year.
The company's net profit rose by eight percent in 2022.
MUNICH, GERMANY - The heating plant in Munich's southern Sendling neighborhood has been run for more than a century on gas,...
Munich is pouring in US$1.1 billion through 2035 to develop the geothermal energy and make the city's heating carbon neutral.
Reliable and sustainable geothermal energy seems like the perfect alternative to gas.